facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

611 S Royal Ln, Coppell, TX...

Duke Realty Leases 116980 Square Feet At 611 S Royal Ln Coppell With Mark Russell As Tenant's Rep
LEASEDIndustrial

Duke Realty Leases 116980 Square Feet At 611 S Royal Ln Coppell With Mark Russell As Tenant's Rep

611 S Royal Ln, Coppell, TX, 75019

Building Size

116,980 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

The property located at 611 S Royal Ln, Coppell, TX, 75019, is an industrial space totaling 116,980 square feet. It was built in 2001 and is situated in the Coppell market, near Dallas-Fort Worth International Airport. The landlord for this property is Duke Realty.

Summary of transaction details:

  • Property Type: Industrial Lease
  • Transaction Amount: Not specified
  • Address: 611 S Royal Ln, Coppell, TX, 75019
  • Market: Coppell
  • Tenant's Representative: Mark Russell - NKF
  • Landlord's Representatives: Matt Hyman, Bryan Parker - Duke Realty
  • Landlord: Duke Realty
  • Square Feet: 116,980

Dynamic Glass Products, a Wisconsin-based company specializing in glass products for real estate and advertising industries, has secured the lease at this location. The landlord, Duke Realty, was represented in this transaction by Matt Hyman and Bryan Parker. The tenant was represented by Mark Russell from NKF.

Players

Bryan Parker

Duke Realty

Broker

5 deals

Broker
Duke Realty
Duke RealtyLandlord

Coppell Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93